Which of the Following Terms Refers to the Difference Between

question 84

Multiple Choice

Which of the following terms refers to the difference between the total amount of money flowing into and out of a nation over the course of a year?

• A)momentum trading
• B)trade surplus
• C)exchange rate system
• D)balance of payments

---

Definitions:

Search Of Title

The process of examining public records to confirm a property's legal ownership and find out what claims or liens are on the property.

Joint Tenant

A form of co-ownership of property where two or more individuals hold equal shares and rights in the property, and upon the death of one owner, their share automatically transfers to the surviving co-owner(s).

Mortgage

A mortgage is a legal agreement by which a bank or creditor lends money at interest in exchange for taking the title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Possessory Interests

Refers to the legal right to control property, including the right to exclude others from it.